Shares edge down after retail sales; earnings eyed

NEW YORK (Reuters) – A surprise decline in June retail sales was the latest worrying sign from the economy, pushing stocks slightly lower on Monday, but Citigroup earnings limited losses in another forecast-beating report from a bank. The S&P 500 has fallen in seven of the l
Read More

Shares capped as Fed offers no stimulus clue

TOKYO (Reuters) – Asian shares barely budged on Thursday as the U.S. Federal Reserve appeared to put off taking more aggressive stimulus steps until economic conditions worsen, offering investors few reasons to take risks with second-quarter earnings painting a globally gloomy p
Read More

Shares ease from rally, euro pressured ahead of ECB

TOKYO (Reuters) – A rally in Asian shares fizzled out on Thursday as markets marked time before the European Central Bank's policy decision later in the day, with the euro staying pressured by widespread expectations of a rate cut to support fragile euro zone growth. The sa
Read More

CRE Loan Shares Continue To Be a Concern for Bank Regulators

There are few concerns more central to the soundness of the nation’s banks and thrifts than commercial real estate credit, Thomas J. Curry, Comptroller of the Currency, told attendees at last week’s CRE Finance Council conference in Washington, DC. You can see the reason f
Read More

Asian shares slip on weak U.S. data, Italy debt sale eyed

TOKYO (Reuters) – Asian shares slipped on Thursday as weak U.S. retail sales data raised fresh concerns about sluggish economic growth, while an Italian debt auction later in the day will test market confidence in whether Rome can avoid becoming the next victim of the euro zone
Read More

JPMorgan $2 billion loss hits shares, credit, image

NEW YORK/LONDON (Reuters) – JPMorgan Chase & Co lost $ 15 billion in market value and a notch in its credit ratings on Friday while a chorus of regulators and politicians reacted to its surprise $ 2 billion trading loss by demanding stiffer oversight for the banking industr
Read More

Asian shares, euro recover on Greek debt hope, Portugal weighs (Reuters)

Reuters – Asian shares and the euro rose on Tuesday after Greek Prime Minister Lucas Papademos raised hopes that a deal would be reached this week to avoid a potentially chaotic debt default, but worries over Portugal’s refinancing ability capped gains. Yahoo! News: Busine
Read More

Shares gain as strong debt sales boost confidence (Reuters)

Reuters – Asian shares rose to a one-month high and the euro clung near its strongest in a week on Friday as strong demand in Spanish and Italian debt sales tempered risk aversion ahead of another auction from Rome later in the day. Yahoo! News: Business News
Read More

Shares, euro rise even though Europe worries weigh (Reuters)

Reuters – Asian shares made solid gains and the euro rose on Tuesday, but concerns over euro zone sovereign funding ahead of key auctions outweighed some optimism on the economic outlook elsewhere and kept investors cautious about taking riskier positions. Yahoo! News: Business
Read More

Asian shares fall, U.S. deficit deadlock weighs (Reuters)

Reuters – Asian shares fell on Monday as uncertainty remained over how euro zone leaders would respond to mounting funding difficulties for European banks, and an apparent failure by U.S. politicians to agree on deficit reduction hurt sentiment. Yahoo! News: Business News
Read More